Bitcoin’s rare oversold RSI event maps a potential 105% move toward $180,000 within 90 days

Bitcoin traded near $89,000 after its 14-day relative strength index dropped below 30 in mid-November, a level many traders treat as a capitulation signal. An event-study chart shared by Julien Bittel compares this oversold break with the previous five such instances and sketches an average path toward roughly $180,000 about 90 days later, implying about a 105% gain if repeated. Analysts now focus on key levels such as $106,400, ETF flow trends, and liquidity conditions to gauge whether the current rebound can evolve from a range-bound bounce into a sustained advance.